The one-year Loan Prime Rate, which serves as a benchmark for corporate loans, was reduced from 3.65 percent to 3.55 percent, the People#39;s Bank of China (PBoC) said in a statement, while the five-year LPR, which is used to price mortgages, was cut from 4.3 percent to 4.2 percent.
The one-year Loan Prime Rate, which serves as a benchmark for corporate loans, was reduced from 3.65 percent to 3.55 percent, the People#39;s Bank of China (PBoC) said in a statement, while the five-year LPR, which is used to price mortgages, was cut from 4.3 percent to 4.2 percent. The one-year Loan Prime Rate, which serves as a benchmark for corporate loans, was reduced from 3.65 percent to 3.55 percent, the People#39;s Bank of China (PBoC) said in a statement, while the five-year LPR, which is used to price mortgages, was cut from 4.3 percent to 4.2 percent. Moneycontrol Latest News Read More
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